10.21 | Jubo Info: East China glass offers soften, spot falls. Al dips, spot down; bull-bear conflict intensifies.

Float Glass｜Price Adjustment Information

10.20

• Taiwan Glass Kunshan: Large-size Low-E coated glass to rise by 0.5 RMB/㎡.

• Xinyi Wuhu: 5~6mm clear glass to drop by 40 RMB/ton.

10.22

• Kibing Liling: Emerald green glass and coated products to rise by 20 RMB/ton.

Float Glass｜Price Market Quotations

National Average Price of Float Glass

• 10.20: National reference spot price of float glass stood at RMB 1,054 RMB/ton, down 1 RMB/ton from Oct 19.

• 10.20: Glass futures contract FG2701 closed at RMB 846 RMB/ton, 

  down 13 RMB/ton from Oct 19.

Average Prices of Float Glass by Region

• North China: The transaction terms between buyers and sellers were relatively flexible, and overall sales performance was satisfactory.

  
  

• East China: Downstream demand remains weak, prompting some manufacturers in Anhui to offer price discounts.

  
  

• Central China: Market prices remained largely stable with minor fluctuations, and overall trading activity remained modest.

• South China: The company primarily engages in essential procurement, with moderate regional shipment volumes.

PV Glass｜Price Market Quotations

Average Prices of 3.2mm Photovoltaic Glass by Region

Average Prices of 2.0mm Photovoltaic Glass by Region

• Domestic PV glass market sees steady prices with slight swings. Supply-side capacity may keep adjusting, and manufacturers are inclined to hold prices. Downstream buyers maintain moderate purchases and factory shipments are decent. PV glass prices are expected to stay stable in the short run.

Soda Ash｜Unit Dynamics

Lianyungang Debang plant resumes operation.

Soda Ash｜Price Quotations

Light Soda Ash Prices by Regions

Heavy Soda Ash Prices by Region

• 10.20: The operating rate of domestic soda ash units was 65.93%, 

  up 2.17% from 63.76% on Oct 19.

• Domestic soda ash prices are broadly stable with lukewarm trading. Purchasing sentiment remains sluggish, and most transactions are concluded at lower prices. Inventory destocking performs well, and the soda ash market is likely to stay steady shortly.

Fuel｜Petroleum Coke、LNG

National Average Price of Petroleum Coke

• Current average market price recorded is 3,523 RMB/ton.

National Average Price of LNG

• Current average market price recorded is 6,848 RMB/ton.

Aluminum｜Aluminum Ingot

• Domestic spot aluminum ingot prices fluctuate lower, and major regions remain weak. In Foshan, holders are active in delivery with processing fees slightly cut; downstream buyers replenish stocks on dips. In East China, corporate demand softens and trading stays quiet.

Aluminum｜Aluminum Profile

• Shanghai Aluminum fluctuates narrowly and closes lower, with spot prices following the decline. Bull-bear divergence intensifies on fundamentals while inventory keeps destocking. Affected by macro sentiment, Shanghai Aluminum is likely to range-bound trade in the short term with limited upside rebound space.